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Vipul gets rating up-gradation from ICRA for long term bank facilities

07 Dec 2011 Evaluate

Credit rating agency, ICRA has upgraded Vipul’s long term bank facilities’ rating from B+ to BB-. The long term rating carries a stable outlook.

Earlier in July, ICRA assigned the long term rating of B+ to Rs 50 crore fund based bank facilities of the company.

Vipul is a real estate company and its townships are envisaged as the most desirable and sought after address of tomorrow. Nestled with the most exquisite luxuries and state-of-the-art support systems, these town-ships personify the elegance of modern lifestyle.

Peers
Company Name CMP
Lodha Developers 1109.05
Prestige EstatesProj 1434.40
Dilip Buildcon 409.70
DLF 653.90
Oberoi Realty 1734.10
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